DCB LTF Diners Club Black Metal Credit Card

[dilbwagsingh]

I am currently having a decent relationship with HDFC bank. Had been maintaining quite a lot of balance in my savings account. I had previously tried getting DCB Metal as LTF but was refused straight up by the RM. Only recently when I started moving that money out to my SBI account and not maintain such high balance anymore my RM offered me a LTF DCB Metal upgrade over my regalia. But she is insisting me on purchasing a ULIP plan (HDFC life smart protect plan) which has a 5 year lock-in and premium she is insisting on is more than 1 lakh per annum. I did counter her saying I can work with a single time premium payment option plan (HDFC life insurance sampoorn nivesh) but not with a policy where I have to keep paying premiums for the coming 5 years. To which her reply is single time payment option plans will not be useful for your case escalation for DCB LTF.

My questions are -
1. What options do I have to better negotiate my case? Will taking directly to a branch manager work out better?
2. Are ULIP plans even worth it for getting a DCB Metal LTF? (P.S. - Already asked for Infinia LTF in return of the ULIP purchase but they said it is not possible)
3. Would moving towards 0 balance work out i.e moving all my money to SBI?

 

[NikhilG]

In this scenerio, if you aren't qualified for RG with income documents try spending through millennia and ask for upgrade based on spends

My diners millenia limit is 4.5 lakh. Don't know if I can satisfy their spends criteria. I'm following up via their grievances team, can I negotiate with them regarding fd based criteria. Maybe I can say if they give me dcb i will create a 20 lac fd ? What do you think?

 

[drabhishekladdha]

Any ULIP policy is NOT worth getting any credit card.

Note it down, bookmark it, save it, make it your wallpaper.

The money you'll make on your investments > the points you get from the credit cards.

So true...No ULIP for any credit card

 

[Aniket Sharma]

My diners millenia limit is 4.5 lakh. Don't know if I can satisfy their spends criteria. I'm following up via their grievances team, can I negotiate with them regarding fd based criteria. Maybe I can say if they give me dcb i will create a 20 lac fd ? What do you think?

Spends matters in upgrade bro, they will not hear as far I read but also no harm in trying

 

[Kabir_1112]

In this scenerio, if you aren't qualified for RG with income documents try spending through millennia and ask for upgrade based on spends

I tried this, but for Regalia they are asking for income documents even when the spend on millennia is around 4l in 3 months. But seems the limit is a problem which is only 2.2l on millennia card. Instead they offered DCP FYF and not even LTF when sent an email to PNO. I decided to stay with millennia and not go for DCP FYF

 

[NikhilG]

I tried this, but for Regalia they are asking for income documents even when the spend on millennia is around 4l in 3 months. But seems the limit is a problem which is only 2.2l on millennia card. Instead they offered DCP FYF and not even LTF when sent an email to PNO. I decided to stay with millennia and not go for DCP FYF

They are upgrading my diners millenia to DCP ltf. My millenia was also LTF. What should I do?
My ultimate goal is DCB ltf. I have no interest in infinia as it's not ltf.
i would have loved to go for RG ltf but they are denying. What should I do?
at this time millenia is of no use for me as I have sbi cashback card.

 

[ALOAK]

They are upgrading my diners millenia to DCP ltf. My millenia was also LTF. What should I do?
My ultimate goal is DCB ltf. I have no interest in infinia as it's not ltf.
i would have loved to go for RG ltf but they are denying. What should I do?
at this time millenia is of no use for me as I have sbi cashback card.

Dcb ltf is a remote task.. once your limit increases above 5.5lakhs you will receive email to be upgraded to DCB metal with fyf and 2nd year onwards it is payable 10k... DCP spend and use for a year or so you may then get LI

 

[Dazzwilliams]

They are upgrading my diners millenia to DCP ltf. My millenia was also LTF. What should I do?
My ultimate goal is DCB ltf. I have no interest in infinia as it's not ltf.
i would have loved to go for RG ltf but they are denying. What should I do?
at this time millenia is of no use for me as I have sbi cashback card.

Very difficult to get RG and above cards as LTF these days. Not possible unless you know some big shot in HDFC personally.